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Gas Fire Tube Industrial Boiler Market Share

Report ID: GMI9632
Published Date: May 2024
Report Format: PDF

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Gas Fire Tube Industrial Boiler Market Share

Gas Fire Tube Industrial Boiler Company Market Share Analysis, 2023

Viessmann is a manufacturer of intelligent, comfortable, efficient systems for cooling, heating, refrigeration systems, air conditioning, and decentralizing power supply. The company operates through three divisions, refrigeration system, heating system, and industrial system. Industrial boiler falls under the industrial system division, which also includes steam boilers and wood combustion systems. It offers solar thermal systems with vacuum tubes & flat plate collectors, heating solutions, gas-fired non-condensing & condensing heating technology solutions, wood-fired boilers, advanced biomass heating & control technology solutions, storage tanks, indirect-fired domestic hot water tanks and controls.

Gas Fire Tube Industrial Boiler Market Companies

The key industry players include:

Babcock Wanson
Bosch Industriekessel GmbH
California Boiler
Clayton Industries
Cleaver-Brooks
Fulton
Hoval
Hurst Boiler & Welding Co, Inc.
Indeck Power Equipment Company
Johnston Boiler
Miura America Co., LTD.
Thermax Limited
Thermodyne Boilers
Urjex Boilers Private Limited
Victory Energy Operations, LLC
Viessmann

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

Gas fire tube industrial boiler industry size was USD 780.9 million in 2023 and is projected to expand at 5.2% CAGR from 2024 to 2032, due to the paradigm shift towards cleaner energy sources along with advancement in boiler technology.

The 50 - 75 MMBtu/hr capacity segment in the gas fire tube industrial boiler market is projected to exceed USD 300 million by 2032, as they are designed to achieve high thermal efficiency and incorporate advanced heat recovery systems.

The chemical application segment in the gas fire tube industrial boiler industry is estimated to witness more than 5% CAGR between 2024 and 2032, owing to the rising demand for substantial amount of steam and hot water for various processes.

Asia Pacific industry size is projected to record over USD 350 billion by 2032, on account of the growing focusing on energy efficiency and emission reduction targets in the region.